Friday, July 19, 2013

BWI: Indian SMEs - Trailing Due to Lack of Expert Guidance Warns Small Business Expert Possible Business Solutions

Press release from Business Wire India
Source: Possible Business Solutions
Friday, July 19, 2013 11:00 AM IST (05:30 AM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Business services, Media & entertainment
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Indian SMEs - Trailing Due to Lack of Expert Guidance Warns Small Business Expert Possible Business Solutions


Ahmedabad, Gujarat, India, Friday, July 19, 2013 -- (Business Wire India) -- Small Business Expert, Possible Business Solutions warns that Indian SMEs are losing due to embarrassment in seeking expert guidance. They are operating with age old methods and are shy from taking expert advisory services thinking - What - would others/competition think when they come to know that our organization is growing due to some outside guidance and not by our own expertise. Loss at the cost of false ego. Isn't it?

Small and Medium sized Enterprises (SMEs) are literally dying of embarrassment in India because they are ashamed of seeking help just when they need it most, warns Rajiv Bakshi, CEO of Possible Business Solutions, a SME advisory organisation. Adds Rajiv, "Many SMEs run into trouble anytime in their progress but won't ask for the help that could see them through a rough patch."

Bakshi further adds, "There are lots of challenges in a business but the Indian stoical attitude means that many struggling enterprises fail to seek help in time. Low sales, longer credit periods, less margins, poor systems and high employee turnover are basic problems which every SME faces today. With bureaucratic approach from the government and financial institutions really kicks in as often the final straw. But if only owner operators got themselves a business mentor earlier, more of them would not only survive but grow."

"Business 'deaths' have outnumbered 'births' for the past decade. The total number of successful enterprises has been falling since 2000. Finding the right support, advice and tools to put a venture on a sustainable footing are vital components to success. And SMEs are literally shy to seek expert support. For most of our clients we often feel we arrived just in the nick of time" says Deesha, Head of Operations at Possible.

"In today's fast paced world there is never enough time to take care of every aspect of operating a business. We all know time plays a massive factor in the lives of every business owner, and this is why hiring a Business Growth Advisor is a must, especially for mid-sized companies. The cost of hiring a Business Growth Advisor is easily repaid with the success and growth of our business" says Sunil Trivedi, CMD Sarjan Watertech Pvt. Ltd., a very reputed water purification company who has hired services of Possible Business Solutions.

"A good Business Growth Advisor will know your business and save you priceless time and money, while providing direction in your marketing campaigns, and providing business analysis allowing you to avoid costly errors most business owner's experience" states Mustaqim Sabugar, Director, Shelter Pharmacy.

"With the economy down many business owners are trying to do everything themselves and avoiding paying an expert for their opinions and expertise. A Business Growth Advisor will help you start your business, grow your customer base, and your marketing services. No matter what size of the company is anyone could use a professional opinion," added Deesha.

"Time after time when we call up a company owner to go in for business advisory services, only to find that they know nothing about it. Most are simply too shy to ask for help themselves, yet some of the most successful companies in the country have got where they are today with the help of a business advisor. It's something they really should be proud of doing. None of us knows everything and it's the smart guys who know when to pull in an expert advisor," quips Rajiv.

About POSSIBLE BUSINESS SOLUTIONS

Possible since its launch, focuses only on growth of SMEs and has helped SMEs to become strong, profitable, system oriented and recession proof for any business, any size, any industry, any geographic area. Possible offers full time consultancy and two workshops viz. Inbuilt Strength Discovery - which helps a business to find its real positioning to conquer competition, change and crisis and Manthan - to revaluate, refocus and regain every part of business all focussed on SMEs only.

Possible is the first Indian Company to receive AASBC accreditation and is seriously exploring at assisting Indian SMEs abroad too.

Rajiv is now looking at gen next to join his mission in creating wealth through growth of SMEs.

For more information please visit: www.possiblegrowth.com, www.small-business-advisor.com


CONTACT DETAILS
Rajiv Bakshi, CEO, Possible Business Solutions, +91 9327099453, contact@possiblegroup.com

KEYWORDS
PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, MEDIA

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